Writing
The average cost of stuff almost 100 years ago… #inflation
Compare to 1971 Cost of Living
Great infographic from Dr. Daniel Crosby
This is why we invest… not to “beat the market” but to stay ahead of inflation over our lifetime
Compare to 1938 Cost of Living
I have come to the conviction that if you cannot translate your thoughts into uneducated language, then your thoughts were confused. Power to translate is the test of having really understood one's own meaning.
—C.S. Lewis